Saregama India Limited — Others, 03-02-2025: ESOP/ESOS/ESPS

SAREGAMA India Limited has announced a board meeting to approve the transfer of 3,00,000 equity shares to an eligible employee under its Employee Stock Option Scheme 2013. The shares, held by the Saregama Welfare Trust, will be transferred as the employee exercises options granted previously. This move, generating about Rs. 11.06 crore, may boost employee morale and align interests with shareholders. With a total of 12,00,000 options granted and 4,00,000 vested, including the recent exercise, the scheme demonstrates commitment to incentivizing key personnel, potentially fostering a positive outlook among investors.